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Merit scholarship

Merit Scholarships Scheme

Terms & Conditions for Eligibility

1. Graduates and above interested in doing MBA/ PG Diploma in Financial Planning & Wealth Management (PGD-FPWM™) for the academic session 2009-10 starting from July / August 2009 are eligible to apply for the scholarship scheme.

2. Subject wise % requirement for eligibility is given below

Stream/Subject

10+2

Graduation

Quantum of Scholarship

Commerce & Economics

80%+

60%+

50% of the Tuition Fees

Other subjects

85%+

65%+

50% of the Tuition Fees

Commerce & Economics

70%+

55%+

20% of the Tuition Fees

3. The amount of scholarship to be paid to the student falling under the above mentioned 3 categories will be decided by the Academic Advisory Board (AAB) based on any or combination of the following criterion:

  • The student has to clear all the papers in first attempt in every trimester to remain eligible for the scholarship, otherwise the student will not be eligible to continue to avail the scholarship for the remaining period of studies.

  • The academic advisory board will be final authority to decide the scholarships and their decision will be final and not questionable in any court of law.

4. For admission to MBA/ PGD-FPWM™ there is an online Aptitude Test called WMAT (Wealth Management Aptitude Test) with the web link (http://www.ebifm.com/wmatadmin/candidate_profile.aspx/). The student is also required to qualify personal interview for admission to MBA/ PGD-FPWM™.

5. The candidate must apply in the prescribed form as given in the prospectus for scholarship either in the physical form or on website in addition to earlier request, if any.

6. The prospectus can be purchased either in person by making a cash payment of Rs.800/- (Rs. Eight hundred only) or by post by sending DD drawn in favour of “BLB Institute of Financial Markets Ltd.”.

7. The prospectus is available at BIFM address as given below:

BLB Institute of Financial Markets (BIFM)
Andhara Vanita Mandali Building,
2, Azad Bhawan Road,
Opp. Indian Medical Association Building,
ITO New Delhi – 110002

Contact: 

Bindhia - 09958001642 (for PGD-FPWM)

Tel: 011-23379718–19-20

Email – pgsp@bifm.edu.in.

8. The prospectus can also be downloaded from BIFM website www.bifm.edu.in  by depositing cash in any of the following bank accounts of BIFM. As soon as cash is deposited in Bank, please ensure that you simultaneously inform BIFM about the particulars of payment made through email as given above. As additional precaution, Photocopy of payment made should be attached with the admission and Scholarship Form.

    • Current A/c No. 000705014250 with. ICICI BANK LTD. ( C.P. Branch New Delhi )
    • Current A/c No 00030340019940 with HDFC BANK LTD. ( Asaf Ali Road New Delhi)
    • Current A/c. no. 0117002101002681 with Punjab National Bank. (Daryaganj. New Delhi)